I have been going through some older Nanosonics announcements and noticed that until 2012, there was a lot of emphasis on leveraging the Trophon and Xonar platforms into other areas (scientific labs, bed decontamination, food processing etc). Since then the information provided on IP development and R&D have been more and more vague, however R&D spend remains high. Does anyone know if there has been a strategic decision to focus solely on ultrasound probes, or whether there is still development of other applications going on?
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